Horse Racing Course

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General Knowledge of Horse Racing Course

Horse racing course is a type of entertainment or recreation service business. Horse racing course operators earn from organizing the horse races. The main incomes of the horse racing course are from the sale of admission tickets and betting the race. The winner is called the "winning horse" (Win-Tod). The second, third and forth places to win are called "runner-up horse" (Place-Tod). In Thailand, horse racing course is considered a gambling business that causes adverse effects on health, society and economy as to its gambling nature that is contrary to good morals. Typically, gambling is illegal activity in Thailand. However, for the horse racing course, the government levy taxes for the purposes of earning government revenue and limiting the business. The excise tax makes the operating cost of horse racing higher. As a result, it can reduce the demands for horse race betting. In addition, this service is considered luxurious or surplus to the goods and services that are essential to everyday life.

Horse Racing Course Service Properties

No. Property Description
1 Business name Registered business name of the horse racing course service.
2 Income from Admission fee Specified the monthly business income from admission fee
3.1 Income from gambling after deduction of prize money for winners (Win) from such gambling Specified the monthly business income from gambling after deduction of prize money for winners (Win) from such gambling.
3.2 Income from gambling after deduction of prize money for runner-ups (Place) from such gambling Specified the monthly business income from gambling after deduction of prize money for runner-ups (Place) from such gambling.
4 Other income Specified the monthly business other income.
5 Donation of total income or not Specified whether the business donates the total income for charity purpose or not.

Excise Tax Rate for Horse Racing Course

Categories List of Particulars Excise Rates
Percentage Per Value Per Volume
Unit Per Unit -Baht
18.01 Horse Racing Course
(1)Admission fee 20
(2)Income from gambling after deduction of prize money for winners from such gambling 20
(3)Other income 0
18.90 Others as prescribed in the ministerial regulations 30

Excise Tax Rate Search System for Horse Racing Course

Horse Racing Course Excise Tax Rate Search System is a service of the Excise Department, which returns the Excise Tax Rate for the specified product properties and also calculates the estimated excise tax to be paid.